In 2004, a Massachusetts woman won 5.6 million dollars in the lottery, which would have paid her an initial gross payment of $283,770 and 19 more yearly payments of $280,000. Instead she sued the lottery commission for a lump-sum payment. Louise Outing is 94 years old, and she knew it would be foolish to expect to live another 20. So the lottery winner wants all of her cash now, not in payments spread out over the next two decades.
''In March, I will be 95 years old. Do you realize that? Ninety-five in March," the Everett woman said in a telephone interview yesterday. ''Now, you know I'm not going to live 20 years. "Outing won the Sept. 4 Megabucks drawing, and she wants the Massachusetts State Lottery Commission to cut her a check immediately for the full $5.6 million, minus taxes. But the commission has so far rejected that request, saying Megabucks winners get 20-year annuities, not lump-sum payments.
Assume an interest rate of 10%. Ticket sales were 4 million dollars.
a. How much money the lottery commission will end up in their bank immediately after they pay the last payment of $280,000 to Ms. Outing.
b. If the commission decide to pay Ms. Outing a lump sum, how much will that be? (Hint: initial payment plus the present value of the 19 payments).

Answer: $318.60

Explanation:

20 dresses at $15 each will cost:

= 20 × $15 = $300.00

Less: 10% trade discount = 10% × $300 = $30.00

Add tax at 18%: = 18% × ($300 - $30) = 18% × $270 = $48.60

Total = $270 + $48.60 = $318.60

Answer: Building, un-building, rebuilding, thereby creating new things and developing new ways of thinking about ourselves, and the world.

Explanation: looked at Lego. com.
I hope it’s right, sorry if it’s not. Best of luck :)

The three ways which most company uses to create a brand promise are through its:

One well-known company that has a strong brand promise is Apple Inc. Apple's brand promise is centered around delivering innovative, high-quality products and services that offer a seamless, intuitive, and stylish user experience. The company aims to provide its customers with products that simplify their lives and enhance their ability to connect and express themselves in new and exciting ways.

Here are three ways that Apple creates and upholds this brand promise:

By consistently delivering on its brand promise, Apple has built a loyal customer base and a strong reputation as a company that provides innovative and high-quality products and services.

Missing words "You learned about customers, inventory, and safety. Now, you'll apply what youlearned.1. Choose a well-known company, and describe its brand promise. Describe at leastthree ways that the company uses to create that brand promise".

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Answer:

$3,000

Explanation:

Based on the information given we were told that he has a PART-TIME JOB THAT WILL PAY him the amount of $3,000 this coming year which means that the amount he can contribute to a TRADITIONAL INDIVIDUAL RETIREMENT ACCOUNT for his first year in retirement will be the EARNED INCOME of the amount of $3,000 which will therefore be his maximum INDIVIDUAL RETIREMENT ACCOUNT (IRA) contribution for this year.

Developing a mission statement can help resolve divergent views among managers in a firm by providing a common understanding and direction for the organization. Here's how it can help:

1. Alignment of Purpose: A mission statement articulates the purpose and core values of the organization. It defines the fundamental reason for the firm's existence and what it aims to achieve. When managers have divergent views on strategic decisions or priorities, referring to the mission statement can help bring them back to a common ground by reminding them of the organization's overarching purpose.

2. Shared Vision: A mission statement outlines the long-term vision and aspirations of the organization. It helps managers understand the desired future state and the strategic direction the firm intends to pursue. When managers have different perspectives, referring to the mission statement can help them align their views and decisions towards the shared vision.

3. Decision-Making Framework: A mission statement provides a decision-making framework by defining the boundaries within which managers should operate. It sets the guidelines and values that should be considered when making strategic choices. When managers have conflicting opinions, the mission statement can serve as a reference point to evaluate options and make decisions that are consistent with the organization's mission and values.

On the other hand, a mission statement should not include monetary amounts, numbers, percentages, or ratios for several reasons:

1. Flexibility: Monetary amounts and specific figures are subject to change over time due to various internal and external factors. Including them in a mission statement can limit the flexibility of the organization to adapt and respond to changing circumstances.

2. Focus on Purpose: A mission statement should emphasize the organization's purpose, values, and long-term vision rather than specific financial targets. Monetary amounts and numbers can distract from the core message of the mission statement, which is to define the organization's reason for existence and its broader impact.

3. Broad Applicability: A mission statement should be applicable to the organization as a whole, encompassing various departments, functions, and business units. Including specific financial figures may not be relevant or meaningful for all parts of the organization, limiting the mission statement's broad applicability.

4. Longevity: A mission statement is intended to guide the organization's direction and decision-making for an extended period. Including specific financial figures may become outdated quickly, rendering the mission statement less relevant and effective over time.

In summary, a mission statement helps align managers by providing a shared understanding of the organization's purpose and vision. It should focus on guiding principles and values rather than specific financial figures to ensure its relevance, flexibility, and longevity.

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Answer:

the costs that change depending on a company's performance

Explanation:

Variable costs refer to the costs that fluctuate with the level of production. An increase or decrease in the output level results in variable costs moving in the same direction. If the business stops production, the variable costs will be nil.

Raw materials and packaging costs are good examples of variable costs. The more a company produces, the more materials it consumes, and the higher the costs of purchasing the materials.

Answer:

Costs that change depending on companys performance

Explanation:

EDGE 2021 Entreprenuership Test

Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

Explanation:

The three factors that negatively impacted the financial performances of unibic in its early years were as follows

a) The price of Unibic cookies was higher as compare to its other competitors.

b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

c) Packaging, branding and marketing  not as per the public requirement

Answer:

The Law of Demand and Supply help us understand how prices are reached in a market.

The Law of Demand states that the higher the price of a good, the lesser the quantity demanded of that good by consumers. Looking at the graph attached, you will see that the demand curve is downward sloping. This is because of the law of demand.

Notice that when the price of the good is $20, there are 4,000 units demanded but when the price goes up to $30, there are now 3,000 units demanded. Consumers demand less of a good as it gets more expensive because it increases their opportunity cost. This means that the money they are spending on a good could be spent elsewhere and if that amount keeps rising, it reduces the quantity of other goods they can get.

The Law of Supply applies to suppliers and states that as prices increases, Suppliers will supply more goods and services because they will have the incentive of more profit guiding them. For that reason the Supply curve will be upward sloping. Notice how at a price of $20, the supply is only 2,000 but when the price rises to 30, the supply increases to 3,000.

The price of a commodity is determined at the Equilibrium point where the Demand and Supply Curves intersect. At this point, the amount that people are willing to pay for a certain quantity of goods matches the price that suppliers are willing to supply the same quantity of goods for. In the graph you will notice that price is $30 and the quantity is 3,000.

When considering purchasing a new car, it is recommended to weigh the pros and cons of buying new or used.

Purchasing a new car, such as a Lexus RX350, has its advantages. Firstly, buying new ensures that you are the first owner, allowing you to enjoy the latest features, technology, and warranty coverage. You can also customize the car according to your preferences, selecting the desired color, trim level, and optional extras. Additionally, new cars generally require less maintenance and repairs in the initial years of ownership.

On the other hand, buying a used car can offer certain benefits as well. One of the main advantages is the potential for cost savings. Used cars are typically priced lower than their new counterparts, and you may be able to find a slightly older model with similar features at a more affordable price. Moreover, the initial depreciation hit has already been absorbed by the previous owner, so the rate of depreciation tends to be slower. However, it's important to consider the condition, maintenance history, and mileage of the used car to ensure its reliability.

Ultimately, the decision between buying a new or used car depends on your individual preferences, budget, and priorities. If having the latest features and warranty coverage is important to you, purchasing a new Lexus RX350 would be the recommended choice. However, if cost savings and a more gradual depreciation rate are your priorities, a used car may be a more suitable option. It's advisable to conduct thorough research, consider your financial situation, and potentially consult with a trusted mechanic or car expert before making a final decision.

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The statement "developing the external relations" is correct.

The following information related to the responsibility of the Finance department is:

Therefore we can conclude that The statement "developing the external relations" is correct.

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Answer:

C)The impacts of price changes in the market for smartphones

Explanation:

Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.

The Government uses data from macroeconomic to formulate national economic strategies.  Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.

The price elasticity of demand is -2.

B. Oranges are elastic at this price point because the price elasticity of demand is greater than 1. A price elasticity of demand value greater than 1 means that a change in price leads to a proportionally larger change in quantity demanded.

A. The price elasticity of demand can be calculated using the formula:

% change in quantity demanded / % change in price

The percentage change in price is:

(1.10-1)/1 * 100%

= 10%

The percentage change in quantity demanded is:

(800-1000)/1000 * 100% = -20%

Using these values in the formula, we get:

-20% / 10% = -2

Therefore, the price elasticity of demand is -2.

C. Total revenue is calculated as the price of oranges multiplied by the quantity sold. When the price of oranges increases, the quantity demanded decreases. The effect on total revenue depends on the price elasticity of demand. If demand is elastic (as it is in this case), the decrease in quantity demanded will be proportionally larger than the increase in price, so total revenue will decrease. Therefore, total revenue decreases when the price of oranges increases a few cents above $1.

D. We know that the demand for oranges falls from 1000 pounds to 800 pounds when the price increases from $1 to $1.10. Using the two points, we can find the slope of the straight line as:

(800-1000)/(1.10-1) = -200/0.1 = -2000

This gives us the slope of the line, which is also the coefficient of price (p) in the demand equation. Using the point-slope form of a line, we can find the equation of the line as:

q - 1000 = -2000(p - 1)

Simplifying, we get:

q = -2000p + 3000

Therefore, the equation of the demand curve for oranges is q = -2000p + 3000, where q is the quantity demanded and p is the price of oranges.

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If you wait one year to make your deposit into the retirement account, you will have $20,115.83 more when you retire.

To calculate the difference in savings, we need to compare the future value of the two investment options: depositing $13,500 this year at an interest rate of 4.5% for 45 years versus depositing $13,500 next year at an interest rate of 5.1% for 44 years.

Using the formula for future value of a single sum with compound interest, the future value of the first option is calculated as:

FV1 = $13,500 * (1 + 0.045)^45 = $253,648.89

The future value of the second option is calculated as:

FV2 = $13,500 * (1 + 0.051)^44 = $273,764.72

The difference in savings is the future value of the second option minus the future value of the first option:

Difference = FV2 - FV1 = $273,764.72 - $253,648.89 = $20,115.83

Therefore, if you wait one year to make your deposit, you will have $20,115.83 more when you retire compared to depositing the amount this year.

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Part A. Employers can learn more about a candidate's character.

Part B. When It authorizes an employer to discover whether a candidate may be reliable.

The benefit from a social media post of a job opening. Also, As interested individuals seek out more information regarding the job opportunity, Then your social media page gets more engagement.

Part A. Employers can learn more about a candidate's character.

Part B. It authorizes an employer to discover whether a candidate may be reliable.

Part C. When It supports an employer determine whether a candidate may offend others.

Part D. When The Social media can supports weed out candidates who may not be a good fit.

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Answer: A,C,D,E

Explanation: edge2023

Answer:

B. To help determine how much inventory to keep in stock of each item in the outlet, I would consider two factors. The first one is the certain amount of each item type in the first week - determining the number of each items input in the stock to be the original data to compare. The second is the number of items sold and still on stock. This would help determine invetory to keep in stock.

B. If I was running a store, I would prefer to use the pick up at store buying method. There would be cashier at the register to check the products and bills as well as receive money from the customers. This is the traditional and still always the most common methods. As the fact that people nowadays still like shopping in physical store, this is definitely the most effective method.

C. The inventory control method I would use when operating a store is to adopt modern technology like bar code to control the inventory stock. By using this technology, I would need to consider the bar code for each type and establishing software to automatically input the information about the number of items sold and in stock. With inputting the number of total items at the beginning and giving each item its corresponding bar code, the sales or number of stock would be tracked by the software.

D. An example of two commodities to be displayed together at store is pencil and rubber. Pencil and rubber undoubtedly are complementary products of each other. Complementary products are made to be used together. Each item requires the other for their complete uses. This is also the case of Rubber and Pencil and each item would not be fully used without the presence of the other.

Explanation:

Answer:

B. capitalized and bold

Explanation:

Please mark my answer as the Brainiest!!!

Got it correct on Edge.

Jimmy Carter's most notable shortcoming on the domestic front was his handling of the economy, particularly in addressing stagflation and the energy crisis.

During his presidency, Jimmy Carter faced several challenges on the domestic front. One of his most notable shortcomings was his handling of the economy. Carter inherited an economy plagued by high inflation and unemployment rates, known as stagflation. Despite his efforts to address these issues, his policies, such as the Federal Reserve's tight monetary policy, did not yield the desired results.

Additionally, Carter's energy policies, including the creation of the Department of Energy and the promotion of conservation measures, were met with mixed success. The 1979 energy crisis, marked by skyrocketing oil prices and long lines at gas stations, further highlighted the shortcomings of his energy policies.

Overall, Carter's inability to effectively address the economic challenges and energy crisis during his presidency is considered one of his most notable domestic shortcomings.

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Answer:

B) it has passed testing and certification standards

Explanation: hope this helps!

Answer:

B IS CORRECT :))))

Explanation:

Answer:

The correct answer will be Option B "Organizational complexity ".

Explanation:

The other given choices are not related to the given scenario. So that the above would be the appropriate choice.

Passive economic policy refers to a hands-off approach to macroeconomic policy. So, the correct answer is 4.

This means that the government and central bank do not actively try to use monetary or fiscal policy to shift aggregate demand or respond to changing economic conditions. Instead, they let market forces operate freely without intervention. This approach is based on the idea that market forces are self-regulating and that government intervention can often do more harm than good. Passive economic policy can be contrasted with active economic policy, which involves the use of government intervention to stabilize the economy and promote growth. Hence option 4 is correct.

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--The complete Question is, passive economic policy seeks to:

group of answer choices

1. offset fluctuations in real gdp.

2.respond to changing economic conditions.

3.use monetary and fiscal policy to shift aggregate demand.

4.take a hands-off approach to macroeconomic policy. --

Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.

A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed.

A) Cash-and-carry wholesaler

B) Broker

C) Retailer

D) Wholesaler

E) Commission merchant

Answer- B) Broker

If the market for soccer balls is saturated and the market for soccer nets is open, a combination which makes the most sense for Sabrina’s Soccer is: F.

A production possibilities curve (PPC) is also referred to as the production possibilities diagram or the production possibilities frontier (PPF) and it can be defined as a type of chart that is typically used for illustrating the maximum and best combinations of two products that can be produced by a producer (manufacturer) in an economy, if they both depend on these two (2) factors;

Based on the production possibilities curve (see attachment), we can reasonably infer and logically deduce that the maximum and best combinations that would offer the most sense for Sabrina’s Soccer is option F with 0 for soccer balls and 5 for soccer nets.

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Inside the turbines, the superheated steam expands and passes through a series of turbine blades.

As the steam flows over the turbine blades, its high pressure and temperature energy is converted into mechanical energy. This mechanical energy is used to rotate the turbine shaft, which is connected to a generator, producing electricity.

After passing through the turbines, the steam exits the turbines at a lower pressure and temperature. It then enters a condenser, where it is cooled down and condensed back into water. The cooling process typically involves passing the steam through a system of tubes that are cooled by a flow of water. As the steam is cooled, it loses heat energy and undergoes a phase change from a gas (steam) to a liquid (water). The condensed water is collected and returned to the boiler, where it is reheated and converted back into steam to be used in the turbines again.

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Answer:

Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .

Answer:

Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.

Explanation:

Hope this help BLINK!

Answer:

High

Explanation:

When the number of customer willing to buy increases, the demand for that product also rise. According to the law of supply and demand, an increase in demand without a subsequent increase in supply results in an increase in the buying price.

An increase in the number of buyers increases competition for the few available goods. Sellers will take advantage of high demand and increase prices to make more profits. Therefore, when there more people willing to buy a product, its price tends to increase.